tymshft

There is nothing new under the sun…turn, turn, turn

FaaS and online education

We need to be especially trendy with our acronyms. I am not trendy, and therefore missed out on the acronym FaaS. According to Mike Meikle, this particular acronym has been around since 2008.

It stands for “fraud as a service.”

Technology is neutral, and the same technologies that can be used to conduct legitimate businesses can be used to help illegitimate business thrive.

Once purchased, a fraud customer can review monthly status reports within a customer “dashboard” to check a current scheme’s profitability. The services can include “All in One” Trojan suites, which provide the subscriber custom command and control tools over thousands of infected computers in a botnet, from which you can direct a custom fraud campaign. A Pay-Per-Infection service or Centralized Trojan Infection, where a subscriber (criminal groups) can use the fraud providers resources to target specific computers and then only pay for those computers that are successfully infected with the preferred Trojan.

And the list of services goes on.

What if you want to start your budding fraud career, but you don’t know how? The current-day trendy solution of online education can help here also, as Alison Diana notes.

Like their counterparts at major universities, criminal professors are teaching the next generation of cyber criminals via Skype, online courses, and individual tutorials.

And like any good university, job placement is offered:

Modeled on other as-a-service initiatives, one ultimate goal of FaaS is to place “graduates” with the increasingly powerful organized criminal groups behind many of today’s data breaches. Indeed, some teachers go so far as to advocate for their students, vouching for those who display talent in cracking systems….

It’s only a matter of time until we see job boards for ethically and legally challenged businesses. (Note to self: reserve domain name clinkedin.com to service incarcerated professionals.)

Again, technology is neutral.

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